Brian Rosella of Cushman & Wakefield represented the seller. The buyer, Lookout Mountain Partners, plans to gain entitlements for a residential subdivision to sell to homebuilders.

Cushman & Wakefield is tracking land transactions in the Hunt Highway/San Tan Corridor and has noticed that the number of transactions rose 39% from 2016 to 2017. “The Hunt Highway corridor is receiving a lot of attention from builders and developers right now because of all the growth in Queen Creek,” said Brian Rosella.

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